LASG PRESENTS STAFF OF OFFICE TO NEW ONIȘẸ OF ISE KINGDOM. (PHOTOS). #PRESS RELEASE.

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 LASG PRESENTS STAFF OF OFFICE TO NEW ONIȘẸ OF ISE KINGDOM The Lagos State Government has presented the Staff of Office and Instrument of Appointment to Prince Ibrahim Adebowale Saliu, as His Royal Majesty, Alaiyeluwa Oba Ibrahim Adebowale Saliu, the Onise of Ise Kingdom in Lekki Local Government Area. The presentation was performed on Friday, August 21, 2026, by the Special Adviser to the Governor on Rural Development, Dr. Nurudeen Yekinni Agbaje, alongside the Permanent Secretary, Ministry of Local Government, Chieftaincy Affairs and Rural Development, Mrs. Kikelomo Bolarinwa, with the approval of the Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu and the Lagos State Executive Council, following the demise of the late Oba Ganiu Adebowale Adegbesan, Onise of Ise Kingdom. Speaking at the occasion, Dr. Agbaje urged the new Monarch to make peace, unity and inclusive development the pillars of his reign, stressing the important role traditional institutions play in promoting har...
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NEC ESTABLISHES COMMITTEE TO ADDRESS N702.9BN COST OF LIVING ALLOWANCE FOR WORKERS.(PHOTO).

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NEC ESTABLISHES COMMITTEE TO ADDRESS N702.9BN COST OF LIVING ALLOWANCE FOR WORKERS


NEC Establishes Ad Hoc Committee to Address Nigerian Workers' Hardship After Fuel Subsidy Removal
In response to the challenges faced by Nigerian workers due to the removal of fuel subsidy, the National Economic Council (NEC) has taken action by setting up an ad hoc committee. The committee's primary objective is to find effective measures to alleviate the suffering experienced by workers across the country.

According to a statement from the Office of the Vice President, the council has granted the committee a two-week timeframe to explore two proposed scenarios put forth by the National Salaries Wages and Income Commission (NSWIC). The statement highlights that this decision was made during the inaugural NEC meeting chaired by Vice-President Kashim Shettima, following its establishment by President Bola Tinubu.

Mr. Ekpo Nta, the Chairman of NSWIC, has recommended two key measures to address the situation. Firstly, he suggests reviewing the national minimum wage to ensure it reflects the current economic realities. Additionally, he proposes the creation of a cost of living adjustment allowance, amounting to N702.9bn, to mitigate the adverse effects of the subsidy removal on workers.

During the meeting, the NEC also provided an update on the nation's financial accounts. It was reported that the Excess Crude Account stands at $473,754.56, the Stabilisation Account at N26.6bn, and the Natural Resources Fund at N96.9bn.

 

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